Indian stock markets saw a sharp drop on January 6, with both Sensex and Nifty falling over 1.5% due to continued foreign fund outflows, concerns over third-quarter earnings, and fears about the new HMP virus.
Benchmark indices Sensex and Nifty rise in early trade on strong buying in IT and banking stocks, led by key companies like Bajaj Finance, Infosys, and HCL Tech. The GST collection data adds to positive sentiment.
The Indian rupee weakened by 11 paise, reaching 85.75 against the US dollar in early trade, as the dollar index remained strong and foreign fund outflows dampened market sentiment. The outlook for the rupee remains under pressure with global markets experiencing lower trading volumes.
Indian markets opened lower in 2025, with Sensex and Nifty both dipping due to ongoing foreign fund outflows and cautious investor sentiment ahead of earnings season.
The Indian rupee depreciated by 5 paise to 85.69 against the US dollar in early trade, influenced by a stronger dollar and continued foreign fund outflows. Market analysts suggest limited cash dollar demand due to the holiday season.
Indian stock markets opened with gains today, with the Nifty 50 and BSE Sensex showing positive movement. Experts remain cautious as foreign investor selling pressure continues, but optimism for a year-end rally persists.
Indian stock markets saw a surge in early trade on Thursday, led by gains in blue-chip bank stocks, supported by positive Asian market trends and RBI's optimistic economic outlook.
Indian stock markets opened marginally higher on Tuesday, but the chances of a year-end rally seem low as pressure from a strengthening US dollar and rising bond yields persist.
The rupee fell to a record low of 85.16 against the US dollar, driven by capital outflows, a stronger dollar, and rising crude oil prices. Despite positive domestic equity trends, the rupee's decline continues
Indian markets made a strong recovery on Monday after three consecutive sessions of selling, with the Nifty and Sensex both posting significant gains. Analysts suggest a year-end rally is still possible if key economic conditions improve.
The Indian rupee appreciated by 6 paise to 85.07 against the US dollar on Friday after hitting an all-time low of 85.13 on Thursday. Forex traders anticipate further pressure on the currency due to persistent demand for the US dollar and global economic factors.
Indian stock indices fell sharply on Thursday, driven by a global sell-off sparked by the US Federal Reserve's revised rate cut projections for 2025. The Nifty 50 and BSE Sensex saw significant losses amid weak global cues.
The Indian rupee appreciated by 6 paise to 85.07 against the US dollar on Friday after hitting an all-time low of 85.13 on Thursday. Forex traders anticipate further pressure on the currency due to persistent demand for the US dollar and global economic factors.
20 December,2024 10:20 AM IST | MumbaiIndian stock indices fell sharply on Thursday, driven by a global sell-off sparked by the US Federal Reserve's revised rate cut projections for 2025. The Nifty 50 and BSE Sensex saw significant losses amid weak global cues.
19 December,2024 09:58 AM IST | MumbaiThe Indian rupee dropped to an all-time low of 85.06 against the US dollar, driven by a hawkish US Federal Reserve outlook, a rising dollar, and foreign fund outflows.
19 December,2024 09:49 AM IST | MumbaiBenchmark indices Sensex and Nifty declined in early trade on Monday, reflecting weak global trends and caution ahead of WPI inflation data.
16 December,2024 10:11 AM IST | MumbaiThe Indian rupee dropped by 3 paise to 84.83 against the US dollar on Monday, reflecting the weak performance of domestic equities and rising crude oil prices. Forex traders highlight persistent dollar demand as a key factor in the rupee's decline.
16 December,2024 10:05 AM IST | MumbaiADVERTISEMENT
The Sensex and Nifty both experienced significant declines in early trade on Friday, falling by over 400 points and 120 points respectively, as metal stocks took a hit and foreign institutional investors continued to offload equities.
13 December,2024 10:22 AM IST | Mumbai
The Indian rupee appreciated by 5 paise to 84.83 against the US dollar in early Friday trade, following positive domestic inflation data. However, the recovery remains limited due to a stronger US dollar and volatile domestic equity markets.
13 December,2024 09:45 AM IST | Mumbai
The Indian rupee slipped by 2 paise to 84.85 against the US dollar due to foreign fund outflows, rising crude oil prices, and a higher dollar index. The domestic currency's decline comes ahead of key inflation data.
12 December,2024 09:41 AM IST | Mumbai
The Indian rupee appreciated by 8 paise to 84.78 against the US dollar in early trade on December 10, aided by foreign fund inflows and positive trends in domestic equities.
10 December,2024 10:55 AM IST | Mumbai
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